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Dec 14, 2012
12/12
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KPIX
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in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >> 4%, yes. >> reporter: the tax on theater tickets -- >> 21%. >> reporter: 21%. kym marsh did the math. food for the body, 4% tax. food for the soul, 21%. there had to be a way to bridge the gap. there was. kym doesn't sell tickets now. he sells carrots, expensive ones. >> 15 euros, one carrot. >> 15 euros, one carrot. >> yes >> 17 bucks for the carrot, you get the ticket for free. >> free. >> reporter: for every carrot you buy, you get a free ticket. >> okay. see? >> reporter: it's not really a laughing matter. theaters, movie houses around the country are all being hit by the new tax and are looking
in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >>...
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and unemployment will hit new highs rising to unprecedented levels of about twenty five percent in spain and greece and with upcoming elections in italy and germany the european union is facing plenty of political as well as economic uncertainties like they say you're never a loser until you quit trying gnashing it's clear business are. going to what's happening in the markets we start of course with the united states the only markets which is trading president barack obama on friday will be making a new scaled back offer in a bid to avoid the looming fiscal cliff the clock is ticking away meanwhile the market is dropping for the fifth consecutive session europe is also dropping on pretty much the same fears but there's still one more day this year to turn that trend around us of thirty first of december as you can see the market is also down russia's ruble ended the final session of the year on a down note but over the year ruble strengthened five percent against the dollar so it's been quite a good year for the ruble russia's markets also saw a final bit of a sell off but that's becaus
and unemployment will hit new highs rising to unprecedented levels of about twenty five percent in spain and greece and with upcoming elections in italy and germany the european union is facing plenty of political as well as economic uncertainties like they say you're never a loser until you quit trying gnashing it's clear business are. going to what's happening in the markets we start of course with the united states the only markets which is trading president barack obama on friday will be...
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Dec 29, 2012
12/12
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KCSM
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credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact promise, is of little interest to the markets. >> agrees also posed a challenge to the eu finance ministers, who approved a 130 billion you're out -- billion euro bailout -- greece also posed a challenge to the eu finance ministers, who approved a 130 billion euro fail appeared more and more, the focus on firewall plans for 2013, releasing 800 billion euros in october, but that attempt to extinguish the problem came too late for the spanish financial markets. one bank sounded alarm in may. it was nationalized and needed funds to survive. other banks went through similar problems. risk premiums fo
credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact...
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Dec 31, 2012
12/12
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CSPAN
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in a decade prior to 2007, spain had been the booming economy of europe. at one stage during the previous decade, nearly half the jobs created in europe were in spain alone. that brought in a huge amount of immigration. now we're seeing the other side of that. which is the immigrants have lost their jobs and the workers have lost their jobs. and in spain also there was a difference between those with permanent contracts with strong employment protection and the great bulk of people who are being employed on what's being called temporary contracts. they chopped down. we haven't seen that in the u.k. where the unemployment really hasn't reason as a result of such a deep downturn. >> is that the key factor siven given that we have had unrest in the past in bad economic times? do you think this time it's the unemployment figures that have made the difference? >> it clearly made a big difference because it shared the burden where whole industries would be wiped out or close to wiped out like the coal and steel industries in the 1980's. there there was a focus f
in a decade prior to 2007, spain had been the booming economy of europe. at one stage during the previous decade, nearly half the jobs created in europe were in spain alone. that brought in a huge amount of immigration. now we're seeing the other side of that. which is the immigrants have lost their jobs and the workers have lost their jobs. and in spain also there was a difference between those with permanent contracts with strong employment protection and the great bulk of people who are...
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Dec 19, 2012
12/12
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CNBC
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we believe that every time italy and spain would have to raise money, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of bank backstop that did work. the europeans realized if they stopped the can kicking game cold like so many investors claimed they had to do, well, europe would go into severe depression. they didn't want that kind of austerity, their leaders bought time by kicking the can and that's what was most needed, time. they bought time. how well did it work? considering rates are not only not dramatically higher, they're dramatically lower, and the euro right now, strongest currency in the world. hmm, i thought the euro was supposed to vanish by this time with the secret sellers around the country. i thought greece was supposed to be kicked out of the union. instead, my advice, do
we believe that every time italy and spain would have to raise money, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of bank backstop that did work. the europeans realized if they stopped the can...
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is a lot of scotland old independence referendum in twenty fourteen spain no determined determined to bangkok loney of molding why is spending so steadfast is it because cars alone it is affluent as you make it out to be the lego world that that definitely one of the factors spanish maybe actually they are the ones afraid to be alone without the economical input of catalonia but the one that cuts plants we are also the thurmont to make it all work for everybody because we're not against the spanish we don't want to spain to fail we just out in favor of catalonia and not to fail with that's inside of and so we i'm sure was how alliances commercial alliances so nothing happened to sustain but that could be a fast i'm not a fast so we do have to bear in mind that the spain only finished its dictatorship in seventy five one hundred twenty five and the transition that the start at the thought of the start that the democrats the democracy in the spain because that dictate to died so they the deficit the democratic deficit that spain been has we understand he speaks so maybe english actually
is a lot of scotland old independence referendum in twenty fourteen spain no determined determined to bangkok loney of molding why is spending so steadfast is it because cars alone it is affluent as you make it out to be the lego world that that definitely one of the factors spanish maybe actually they are the ones afraid to be alone without the economical input of catalonia but the one that cuts plants we are also the thurmont to make it all work for everybody because we're not against the...
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Dec 29, 2012
12/12
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CSPAN2
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it is the seventh largest corporation in all of spain. it is the largest corporation in the northern part of spain their runs from barcelona in the east to san salvador in the west. is an extraordinarily successful collection of 300 co-ops, some as small as a dozen people, some numbering employees in the thousands. the largest single enterprise is the largest supermarket chain in the northern half of starain. with tholhu00 employees, those supermarkets are run as cooperative enterprise. all decisions are made to get the. they are highly modernizee of highly technologically efficient and they have a n. wber of interestinge arules but before mention those, everyone of the courses is ref1 o lired to compete with capitalist enterprises and whatever they do and they do everything from rap that farming to the production to high-tech equipment of all kinds. they have their own bank, their own pension system, and talianagement. when you arrive there, big modern glass and steel bpetldings, you thihate you're walking into an american corporation he
it is the seventh largest corporation in all of spain. it is the largest corporation in the northern part of spain their runs from barcelona in the east to san salvador in the west. is an extraordinarily successful collection of 300 co-ops, some as small as a dozen people, some numbering employees in the thousands. the largest single enterprise is the largest supermarket chain in the northern half of starain. with tholhu00 employees, those supermarkets are run as cooperative enterprise. all...
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is graphic anybody in europe is more complicated for instance i have lots of friends in spain my son lives in barcelona for that matter so i'm in close contact what's going on inside spain unemployment rate for the new generation the google facebook generation now is fifty percent so even if you go to a good school or even a back nickel school. it is in spain after wars there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated you have parts of germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system a
is graphic anybody in europe is more complicated for instance i have lots of friends in spain my son lives in barcelona for that matter so i'm in close contact what's going on inside spain unemployment rate for the new generation the google facebook generation now is fifty percent so even if you go to a good school or even a back nickel school. it is in spain after wars there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated...
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what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that short break but continue our discussion on the west stay with our. well with. this month's high tech means could help whether it be the latest laser cutters or lifesaving heart rushing innovators are working hard to keep you healthy for some companies it's been a winding road from car simulators to cutting edge streaming systems for others i
what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western...
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what's happening in greece spain italy. portugal when they sing hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe that would exceptional about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short break bill continue our discussion on the west stay with our. experience before series with the. survival. of. the course of. the nation the fore. flt. they are all here to make it possible. chimp and the client on our show. to speak our language. programs and documentaries in arabic it's all here on the t.v. reporting from the w
what's happening in greece spain italy. portugal when they sing hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe that would exceptional about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as...
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in fact when we have this what's happening in greece spain. portugal when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we're going to have sort of he. was three movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that continue our discussion on the west stay with our. for. thousands to see its. cash cow to be dry i think that in this country. as an environmental cost which is unacceptable local business is labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups prices co
in fact when we have this what's happening in greece spain. portugal when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we're going to have sort of he. was three movement inside western...
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Dec 3, 2012
12/12
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CNBC
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spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference different on wednesday. >> so for the moment, no pressure relatively speaking. and yet we're now looking at the downgrades
spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has...
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portugal ireland those countries that have been bailed out of spain hasn't formally been bailed out but for those countries that have requested for bell outs from the eurozone. the fact that she has refrained from sort of our rights writing off of that series of that is that's the key. issue for. voters at the moment she hasn't done yet so. she has the. advantage but as mentioned getting calls these these economic numbers certainly no good. cause much good now better numbers have been announced for two thousand and fourteen forecast is that growth will come back to one point nine percent how do you see that happening and why would that happen well i think it's quite ambitious and certainly if you look at the growth forecast for other countries in the eurozone as well in the u.k. various forecasters thinking that the u.k. could grow as much as two percent in two thousand and fourteen say one point nine percent in germany looks ambitious as well. let's not forget and underestimate the german economy of course it is the biggest in the eurozone and one of the biggest in the world and it
portugal ireland those countries that have been bailed out of spain hasn't formally been bailed out but for those countries that have requested for bell outs from the eurozone. the fact that she has refrained from sort of our rights writing off of that series of that is that's the key. issue for. voters at the moment she hasn't done yet so. she has the. advantage but as mentioned getting calls these these economic numbers certainly no good. cause much good now better numbers have been announced...
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Dec 28, 2012
12/12
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KCSM
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the combined savings are supposed to bring down spain's budget deficit. the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying that she had sacrificed her life for democracy. benazir bhutto was killed in a gun and bomb attack during her 2007 campaign. >> in student was brutally gang rape on a bus earlier this month, and the prime minister promised to review rape laws and punishments. demonstrators again took to the streets today, calling on the chief of the police department to step down. the government has also ordered an inquiry into the police handling of the case. meanwhile, the young woman whose case sparked the protests has flown to singapore for treatment. her situation remains critical. and internet where there are no political rest
the combined savings are supposed to bring down spain's budget deficit. the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying that she had sacrificed her life for...
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Dec 8, 2012
12/12
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KCSMMHZ
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it is an archaic sport, once hugely popular in spain. then it was banned, but now it is making a comeback. this traditional hunting method is being legalized by a number of regions. even the spanish environment ministry is backing the move, hoping to see a rise in takings in national parks as a result of people buying hunting permits, but animal rights activists are far from happy, calling the horseback hunting savage. >> this is a story from spain about wild boars and a controversial method of hunting them. but it is also a story about a country in crisis and how one is sacrificed for the good of the other. this is a member of the old gentry. hunting has been in his family's blood for generations. he is helping revive the tradition of hunting wild boar on horseback with spears. the sport, known as pigsticking, was long banned, but he has legalize it again. as chairman of the pigsticking international club, he wants to use the hunt as a way to draw tourists to the region. hunters pay at least 5000 euros per team to take part, money the l
it is an archaic sport, once hugely popular in spain. then it was banned, but now it is making a comeback. this traditional hunting method is being legalized by a number of regions. even the spanish environment ministry is backing the move, hoping to see a rise in takings in national parks as a result of people buying hunting permits, but animal rights activists are far from happy, calling the horseback hunting savage. >> this is a story from spain about wild boars and a controversial...
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we can see that team greece and spain mainly because. instead of. being able to work all our. ways to go out of crisis they're getting. the solution diesel corsi said gains the interest of. people. and these various and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayments was loaded in favor of lenders like us chase bank president karimov declared it odious the billions saved doubled spending in hospitals and schools. as far as you could see into the future they were going to keep paying debts but would never reach a situation where the country actually benefits from the foreign capital. greece's most popular policy the research has already declared the national debt odious if it wins the next election it won't repay the banks we're joined by michael hudson who advises countries like the u.s. on economic policy profess that is greece is that odious. a minister. during goes up well wait a minute are you going to watch it really surrender our autonomy there has to b
we can see that team greece and spain mainly because. instead of. being able to work all our. ways to go out of crisis they're getting. the solution diesel corsi said gains the interest of. people. and these various and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayments was loaded in favor of lenders like us chase bank president karimov declared it odious the billions saved...
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portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are kidnapped by b.s. because late we could achieve this kind of people and. they are not defending that . we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting here was the solution these of course he said gains the interest. of people well or in these very issues and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of l
portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are...
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Dec 1, 2012
12/12
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CNBC
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youth unemployment in spain is 55%. there is not a good reason to own spanish bonds here. [ overlapping speakers ] >> last time we were on together you were saying the world was going to end because greece was going to default and leave the euro. it's all over. europe's fine. just give it a break. that was last year's story. [ overlapping speakers ] >> europe is not fine. spain is in significantly worse position. they've taken on more debt into deteriorating economy. you tell me how that translates to this has all been fixed and this is all solved. it's not solved at all. [ overlapping speakers ] >> spain has about the same debt to gdp ratio as germany. that good enough for you? >> [ overlapping speakers ] >> hang on, fellows. let's not get hung up on spain. what i want to come back to is the usa. because our market has not collapsed, it's really different than it looks like it was back in 2011. i just want to ask, is it better to own those low-rate bonds right now? or jim la camp, i want you both to weigh in quickly. i
youth unemployment in spain is 55%. there is not a good reason to own spanish bonds here. [ overlapping speakers ] >> last time we were on together you were saying the world was going to end because greece was going to default and leave the euro. it's all over. europe's fine. just give it a break. that was last year's story. [ overlapping speakers ] >> europe is not fine. spain is in significantly worse position. they've taken on more debt into deteriorating economy. you tell me how...
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it's a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by the s because late because i t they copied. and. they are not defended that. we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting deep and you know what's the solution these of course he's against the interest of. people can't well or and he's very use and example they decided not to use. debt odious it's international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of lenders like us chase
it's a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by...
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at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have t figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melia: neither of these proposals, neither side gets us closer to closing the enormous gap you're talkin about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is classic negotiating. we have to be serious. this isn't just a game. we're not playing poker on a thursday night. if we don't get fix ou fiscal problem, by the way to give republicans credit, i just don't want to attack them, they passed the ryan budget earlier this year and st year and that actually does conta
at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have t figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melia: neither of these proposals, neither side gets us closer to closing the enormous gap you're talkin about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people...
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spain's beleaguered banks can breathe easy and now the eurozone approved a forty billion euro whiskey package for them in the first tranche of the paid out agreed in june which is worth a total of one hundred billion euros public's not taking it well that was people continue to suffer from tough cuts on the banks got a helping hand there's a record unemployment and a crippling recession spain continues to deny that it needs a sovereign bailout politician says the government has the crisis on itself. there is a fundamental flaw in the banking system which is. the government has basically taken over the banks the greed of the banking cartel degree of the central bank bailout banks. money that is not covered by anything the government intervening too much in the market. and the way to solve that problem is by government withdrawing by shrinking the role of government by getting government to spend less and less and regulate less better economy back in order and that's what will one of. the job where you grow again and i'm here. so. failing companies being supported by government is only
spain's beleaguered banks can breathe easy and now the eurozone approved a forty billion euro whiskey package for them in the first tranche of the paid out agreed in june which is worth a total of one hundred billion euros public's not taking it well that was people continue to suffer from tough cuts on the banks got a helping hand there's a record unemployment and a crippling recession spain continues to deny that it needs a sovereign bailout politician says the government has the crisis on...
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Dec 29, 2012
12/12
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KCSMMHZ
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back then, and it still is today. >> the cattle trader from spain gets up early in the morning and does not come home again until late. between 2:00 and 4:00 p.m., he takes an afternoon nap, a siesta. >> i need these one-and-a-half hours after lunch. if i do not sleep, i do not feel well. then i do not enjoy work, and i am just not myself. >> the long spanish siesta still exists, even in bustling major cities. many businesses still shut at 1:30 in the afternoon and open again at 5:00 p.m. carlows also uses that break for a nap, for now at least. -- carlos. >> i think soon we will have to stay open after lunch. this is a tourist area. we have to stay open because it is customer friendly even though a lot of people are against it. but business is business. >> to make sure tourists in particular are not faced with shuttered doors, the spanish government has changed laws regarding business hours. it wants visitors to the crisis- ridden country to have more time to spend money -- 90 hours a week instead of 72. >> it should help encourage trade and create more jobs in the sector. >> but the p
back then, and it still is today. >> the cattle trader from spain gets up early in the morning and does not come home again until late. between 2:00 and 4:00 p.m., he takes an afternoon nap, a siesta. >> i need these one-and-a-half hours after lunch. if i do not sleep, i do not feel well. then i do not enjoy work, and i am just not myself. >> the long spanish siesta still exists, even in bustling major cities. many businesses still shut at 1:30 in the afternoon and open again...
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are you sure this comes from spain. renee ella is a palestinian living in germany she has family in the west bank and says the israeli checkpoints mean palestinian farmers are losing out to the settlers even even the few things when they get to jordan. israel checkpoints keep them at the checkpoints for days under the sun. and then you can't leave the rest of us anymore those behind the report into trade between the settlements in europe say they are trying to organize any kind of witch hunt but we're not talking about boycotting jews over here we're not talking about even boycotting israel itself we're talking about making a difference differentiating between. legal israeli products which should be watched by european citizens as much they want course a short and second of products which are totally illegal and should be banned and people should not buy peter all over r.t. . well we're back with more news in thirty minutes the kinds of reports coming up after a short break. in the glow of russia's no phone away from ci
are you sure this comes from spain. renee ella is a palestinian living in germany she has family in the west bank and says the israeli checkpoints mean palestinian farmers are losing out to the settlers even even the few things when they get to jordan. israel checkpoints keep them at the checkpoints for days under the sun. and then you can't leave the rest of us anymore those behind the report into trade between the settlements in europe say they are trying to organize any kind of witch hunt...
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Dec 23, 2012
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and also, and luring russians to sunny spain. there is a real temperature contrast for us in europe. in the east, it is bitterly cold. in the west, it is milder. we're seeing a talk temperatures of around 11 or 12. the air is trying to push east on monday. we will see things turned slightly warmer. there is an intense area of what weather. it is piling up over the u.k.. that is why we have the flood warnings. you can see more clouds trying to make its way across europe. as the rain makes its way into the cold air, it is turning more wintry. we will see it turned to snow. behind it is where the milder air is. towards the northwest, the rain continues. for the u.k., it will still be very what -- it will still be very soggy. we're looking in the top temperature of around 19 degrees. there is likely to be more in the wake of clouds. there could be showers across libya and parts of egypt. green festival, only on link tv. >> welcome back. police in india have used water cannons to disperse crowds in new delhi. people have been on the s
and also, and luring russians to sunny spain. there is a real temperature contrast for us in europe. in the east, it is bitterly cold. in the west, it is milder. we're seeing a talk temperatures of around 11 or 12. the air is trying to push east on monday. we will see things turned slightly warmer. there is an intense area of what weather. it is piling up over the u.k.. that is why we have the flood warnings. you can see more clouds trying to make its way across europe. as the rain makes its...
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protests as in spain have been getting creative with opposed to one red cuts will be with the guillotine later on financial experts next cars and states you have discussed whether the trend could pick up. but madrid is open the first storm acts of getting throughout europe where you can find this tool in solid pine with a height of two meters and the motto is cuts are necessary they encourage people to get one for their home for their living room for the bar and perhaps in the public square right well you can cut all become u.k. more cuts. and i told you two years ago to buy things yes you did because the price and the market's going to be exploding i expect a gay teen manufacture to go public. and you can watch the cars report in full at seven thirty pm g t well i'll be back with more world news in just a few minutes from now stay with us this is after you live here in moscow. cut. you know sometimes you see a story and it seems so for langley you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you
protests as in spain have been getting creative with opposed to one red cuts will be with the guillotine later on financial experts next cars and states you have discussed whether the trend could pick up. but madrid is open the first storm acts of getting throughout europe where you can find this tool in solid pine with a height of two meters and the motto is cuts are necessary they encourage people to get one for their home for their living room for the bar and perhaps in the public square...
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we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is expected to lunch a new bond bike program to replace the operation twist that expires at the end of this month, the goal to keep rates low, possibly soften the blow from any risk of the u.s. going over the fiscal cliff. but bernanke did warn last month that the fed couldn't offset that shock. how small is the risk that they don't deliver what credi
we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of...
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i mean why should the richest part of spain pay for the rest of the country if they want to be on their own. well we put the question another way around the why why don't they feel they have to share their solidarity with other parts of the country i mean you can reproduce the argument. within these stateless nations as well and the poorest part of catalonia i mean sustained by the roots aspire of petroleum i think this is part to partially a wishful thinking i mean and it has to do with the legitimisation of the political system on the white hands and with a shot at radicalization of nationalist demands on the other hand which actually can not to be separated from the presence of course those is that are particularly affected by konami overall economic crisis and well what i really i'm really skeptical about the possibilities of determination to short term or to solve the real problems of people from that alone for a long leash on the basque country i think that normative problem we have to face is that how to stop these which is the barrier or what is the worry or a referendum and the
i mean why should the richest part of spain pay for the rest of the country if they want to be on their own. well we put the question another way around the why why don't they feel they have to share their solidarity with other parts of the country i mean you can reproduce the argument. within these stateless nations as well and the poorest part of catalonia i mean sustained by the roots aspire of petroleum i think this is part to partially a wishful thinking i mean and it has to do with the...
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spain had a pretty good fiscal policy. they kept borrowing money to build houses. so we've got to have some kind of oversight of economic policy as part of the price of being in the union. they wanted -- [inaudible] monetary union without the economic union. doesn't work. so the proposals are out there, and i think they basically want to move towards more economic union. a lot of debate, a lot of reluctance. i think they're going to do in the end but this is something you can do overnight. but the fact they're willing to look at is absolutely crucially important. >> part of the reason that china lengths to us, the rest of the world lends to us, is that historically we have shown fiscal discipline. so, you know, as soon as we waiver, that's when the problem will emerge. so i just come back and say we need to make sure that we have long-term fiscal discipline, otherwise at some point the chinese are going to say why are we holding these green pieces of paper for a long time? not green, because it's electronic, ma but still, what are we holding them for? i say you sti
spain had a pretty good fiscal policy. they kept borrowing money to build houses. so we've got to have some kind of oversight of economic policy as part of the price of being in the union. they wanted -- [inaudible] monetary union without the economic union. doesn't work. so the proposals are out there, and i think they basically want to move towards more economic union. a lot of debate, a lot of reluctance. i think they're going to do in the end but this is something you can do overnight. but...
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people to think it's about spain's crippling unemployment figures especially amongst the young about the cost of the sanctions side this is and then you really get a sense of just how angry and how desperate people. get the full of love that's doing to the country and so yes it's not in the middle of one of these big protest movements when the clashes break out. absent abby martin keeps the mainstream press on their toes and breaking the sets down as a shell from our washington studio coming up after a short break. the least be cool language. programs and documentaries in arabic it's all here on the team reporting from the world talks about six of the ip interviews intriguing story to tell you. the choice of t. arabic to find out more visit arabic don't call teeth dog call. so . you live on one hundred thirty three bucks a month for food i should try it because you know how fabulous bad luck. i mean. i know that i've seen the team really messed up. and we're all very sorry personally apologize if that. worst your fertility in the white house of a. radio guy in fort lauderdale minutes
people to think it's about spain's crippling unemployment figures especially amongst the young about the cost of the sanctions side this is and then you really get a sense of just how angry and how desperate people. get the full of love that's doing to the country and so yes it's not in the middle of one of these big protest movements when the clashes break out. absent abby martin keeps the mainstream press on their toes and breaking the sets down as a shell from our washington studio coming up...
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the summer the situation has deteriorated in spain. whereby unemployment has carried on rising loans having crease now to a record of close to eleven percent of outstanding loans. and one would expect that the situation will deteriorate so i think this will be the first of probably more of them more than one challenge new research suggests britain is one of the toughest countries to live in when it comes to paying taxes evidence shows some households are handing over the lion's share of their income in tax with little hope of getting vital benefits in return artie's probably boyko reports. up to seventy three percent that's the amount of tax that your average british household pays once an average british household that's two kids two parents with one breadwinner so a lot of people who are just trying to raise a family being called good by this tax that goes towards your income tax your national insurance a lot of other european developed countries they also pay a high rate of tax but nowhere near as high as the u.k. we've got the neth
the summer the situation has deteriorated in spain. whereby unemployment has carried on rising loans having crease now to a record of close to eleven percent of outstanding loans. and one would expect that the situation will deteriorate so i think this will be the first of probably more of them more than one challenge new research suggests britain is one of the toughest countries to live in when it comes to paying taxes evidence shows some households are handing over the lion's share of their...
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those stories and others on our website at the moment thousands of people have hit spain's streets to protest against the government's ever growing a stir people are outraged by cuts to health care education and pensions with anger also directed at changes to labor laws there's now talk to crisis strategist. he was saying coordinated action across the whole of spain thousands on the streets angry at the government's policies just how realistic are the protesters demands. there are unrealistic because spain is the eurozone especially as euro zone is on the path to insolvency and one could argue that spain is one of the countries that is essentially broke if not in actual fact so i think it led to the cut and have to start cutting somewhere because the debts are just breaking the spanish economy and it's going to get worse so my sense is spain has been living for too many years with too mild many benefits to get people shut social benefits social programs that are simply untenable in the long term and now that we have had this economic downturn that have shown up the fact that the euroz
those stories and others on our website at the moment thousands of people have hit spain's streets to protest against the government's ever growing a stir people are outraged by cuts to health care education and pensions with anger also directed at changes to labor laws there's now talk to crisis strategist. he was saying coordinated action across the whole of spain thousands on the streets angry at the government's policies just how realistic are the protesters demands. there are unrealistic...
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in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. mission. could you take three. three. three. three. three. three vote video for your media project a free card. gold fever. turns thousands into slaves. my father but also among brothers involved in the mines and since i started working in a mine i stated i look at it and feel m
in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside...
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government infrastructure it has to be privatized so little there have to be salvaged because truly spain has spent the last decade living on the never never it was built on the back of a huge property bubble the bubble was unsustainable nobody moments to manage stuff and unfortunately while we can obviously say it's a tragedy for the poor independent health care professionals there's just no way to manage to find the money to pay them in modern spain here's a government that has effectively in an overall majority they can do absolutely anything they want on the thing to be absolutely determined to do more or less nothing and it's really a tragedy because they're not helping the spanish economy and they're not helping the people either the spirit of christmas isn't just a good feeling it's a multibillion dollar industry wide stenciled decorations all make for a pretty sight but sometimes they obscure those less fortunate are these more important reports from new york. a match in a country with no homeless people i know it's not the most festive or jolly like question to ask during the hol
government infrastructure it has to be privatized so little there have to be salvaged because truly spain has spent the last decade living on the never never it was built on the back of a huge property bubble the bubble was unsustainable nobody moments to manage stuff and unfortunately while we can obviously say it's a tragedy for the poor independent health care professionals there's just no way to manage to find the money to pay them in modern spain here's a government that has effectively in...